43-119 RIGHTS AND PRIVILEGES OF CORPORATIONS -- PARTNERSHIPS -- TRUSTS. - Idaho Statutes

TITLE 43

IRRIGATION DISTRICTS

CHAPTER 1

ORGANIZATION OF DISTRICT

43-119. Rights and privileges of corporations -- partnerships -- trusts. A corporation, the stock of which is owned entirely by natural persons related by blood or affinity, a partnership, in which all the partners are natural persons related by blood or affinity, and a trust, in which all of the beneficiaries are natural persons related by blood or affinity, shall have the same rights and privileges in the conduct of irrigation district business as do natural persons, including, but not limited to, voting in elections and signing petitions. A corporation, partnership or trust shall vote or otherwise act by and through its majority stockholder, majority partner or trustee and for voting purposes the residence of such majority stockholder, partner or trustee shall establish the residence of the corporation, partnership or trust. If the majority of the stock or partnership interest is owned by more than one (1) person, or if there is more than one (1) trustee, the corporation, partnership or trust must furnish the irrigation district a written designation stating the name of the majority stockholder, partner or trustee who is authorized to vote and otherwise act for the corporation, partnership or trust. If the majority or designated stockholder, partner or trustee is married, his or her spouse shall have the same rights and privileges in the conduct of irrigation district business as do the spouses of individual land owners in the district. A person, or the spouse of a person, voting for a corporation, partnership or trust shall not be entitled to vote again as an individual.